Deutsche Bank downgrades Genco Shipping (GNK) on a valuation call after shares ran higher in Q3...

|About: Genco Shipping & Trading ... (GNK)|By:, SA News Editor

Deutsche Bank downgrades Genco Shipping (GNK) on a valuation call after shares ran higher in Q3 with shipping rates improving. The firm still sees choppy waters ahead for the industry in general. Shares -10.7% premarket.